4//SEC Filing
Pathak Prashant 4
Accession 0001213900-24-016230
CIK 0001698113other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:30 PM ET
Size
7.9 KB
Accession
0001213900-24-016230
Insider Transaction Report
Form 4
Pathak Prashant
Director10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2024-02-22−14,240,187→ 0 total(indirect: By Onyx Enterprises Canada Inc.) - Disposition to Issuer
Class A Common Stock
2024-02-22−65,258→ 0 total
Footnotes (3)
- [F1]On December 26, 2023, PARTS iD, Inc. (the "Issuer") and certain subsidiary PARTS iD, LLC (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On February 5, 2024, the Bankruptcy Court entered an order confirming the Debtors' Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization (as amended, modified or supplemented from time to time, the "Plan"), and on February 22, 2024 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy.
- [F2]On the Effective Date, all of the Company's previously outstanding shares of Class A common stock, including options, warrants, rights, restricted stock units or other securities or agreements to acquire such common stock, were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court.
- [F3]Such shares of Class A common stock were held by Onyx Enterprises Canada Inc. Mr. Pathak serves as the President and a director of Onyx Enterprises Canada Inc. Mr. Pathak disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
Documents
Issuer
PARTS iD, Inc.
CIK 0001698113
Entity typeother
Related Parties
1- filerCIK 0001833571
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:30 PM ET
- Size
- 7.9 KB